Panattoni secures €21 million for distribution centre near Warsaw

05
Dec
2024
News - Panattoni secures €21 million for distribution centre near Warsaw #financing #logistics #Millennium Bank #Panattoni Europe #Poland #warehouse #Warsaw

by Property Forum | Industrial

Panattoni has secured €20.7 million in financing from Bank Milennium to develop a logistics hub for Auchan Polska. A fully robotic built-to-suit warehouse is to be constructed in Wilcza Góra near Warsaw.


“The financing from Bank Milennium will allow us to deliver an advanced, high-tech facility of strategic importance to our client. The integration of automated systems will enable Auchan to significantly streamline its operations and scale its e-commerce business in Poland”, stated Emilia Taczewska-Trojańska, the Head of Debt Finance Poland at Panattoni.

The new 18,000 sqm distribution centre will serve the customers of Auchan’s modernised internet platform.The solutions introduced in the facility will allow for the storage of a greater volume of goods, resulting in a wider choice of products available online. Eventually, customers will have access to a range up to 40,000 different products including fresh produce, groceries and many non-perishable items.

Construction began in the third quarter of this year and the work is scheduled for completion in June 2025. The first operations are to be launched as early as the fourth quarter of 2025.

The development is to be certified under BREEAM for a rating of Excellent, which will result in lower operating costs for its tenants.




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New leases

  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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